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at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
country as a person who will. third, undocumented workers to pay taxes and contribute to the labor needs should be given a vehicle to earn a labor status. we currently have a broken immigration system and that is why the american health care physician has crafted basic principles of what comprehensive immigratiorerm ould ide ilevs still reviewing senate bill 744, i believe it captures most of the needs of immigration reform. in conclusion, the labor shortages are most pressing. act now tors must expand through pools of stock. i urge you to take a look at this and think about the frail and elderly population that we serve. parents, grandparents, aunts, uncles, and doors. those special people that if given some much to us and to our country. we owe it to them to provide the best possible care, don't we? i am here to ask you who will care for them if this critical situation is not taking care of immediately. thank you. i am happy to answer any questions. >> thank you, mr. benjamin and think you to all the witnesses. mr. smith, despite the fact haoverall undocumented immigratn has gone down,
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business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com none of us think bad things are gonna happen to us. i'm here at my house on thanksgiving day, and i have a massive heart attack right in my driveway. an artery in your heart, it's called the widow maker. and mine was 95% blocked. they took me to the hospital, and the doctor put me on a bayer aspirin regimen. [ male announcer ] aspirin is not appropriate for everyone, so be sure to talk to your doctor before you begin an aspirin regimen. i'm a blue-collar worker. to me, bayer aspirin is another tool. go talk to your doctor. you're not indestructible anymore. ♪ you're not indestructible anymore. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to famil
will be right back. businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra hhonors points with t
the four stations last year after a $75 per year parcel tax failed to pass the november ballot. >>> yesterday should have been a holiday here in the bay area. today not too far behind, right, weather-wise? >> not the banner beach day that we had yesterday but i think around the rest of the bay area the weather is going to be spectacular again. just a little bit cooler outside. fog' coastline. the winds are kicking up in spots. look at our mount vaca cam shaking in the winds this morning. we have seen gusts over 20 and 30 miles per hour inland add there is a wind advisory in some of the valleys, as well. here it is. into the delta the carquinez strait wind advisory until 2 p.m. could see some of those gusts as high as 40 miles per hour. but it is still going to be a beautiful day in most spots. the temperatures where we get those winds have warmed up even 65 degrees now in san francisco. 66 in vallejo. and 66 already in santa rosa. by the afternoon, we are back up tothe mid-80s in spots inland. 70s and 80s around the bay and 60s with patchy fog at the coastline. more on your we
Search Results 0 to 6 of about 7